eTranzact posts N4.2B profit in 2025, down from N5.02B
eTranzact International Plc reported a profit before tax of N4.2 billion for 2025, down from N5.02 billion in 2024 despite a 1.08% revenue increase to N29.8 billion. Higher operating expenses offset gains, with administrative costs surging 50% to N9.2 billion and marketing expenses jumping 119.5% to N930.8 million. Gross profit improved 24.48% to N14.1 billion due to cost efficiency, but operating profit fell to N4.0 billion from N4.8 billion. The company's revenue came from electronic payment processing, with Q4 contributing N9.8 billion (30% YoY growth). Total assets rose 92% to N46.1 billion, but liabilities increased sharply to N29.5 billion. Shares gained over 7% post-results, reflecting market confidence in sustained profitability and stronger balance sheet despite lower earnings.